TechFlow news, according to Lookonchain monitoring, Amber Group and Arca have been accumulating GMX over the past month.
Over the past month, Amber Group received 122,144 GMX (currently worth $9.8 million) from Binance exchange addresses at an average price of $61.90. These 122,144 GMX tokens have now been transferred to three new addresses.
Arca purchased 42,972 GMX with 2,065 ETH at an average price of approximately $81.50 over the past three days. One month ago, they bought 23,476 GMX with 1 million USDC at an average price of $42.60.Original link
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